Autodesk, Inc. $ADSK Position Boosted by Vanguard Group Inc.

Vanguard Group Inc. lifted its stake in Autodesk, Inc. (NASDAQ:ADSK) by 0.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,963,515 shares of the software company’s stock after purchasing an additional 180,596 shares during the quarter. Vanguard Group Inc. owned 9.80% of Autodesk worth $6,489,675,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of Autodesk by 14.5% during the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock valued at $343,000 after buying an additional 147 shares during the period. Kestra Private Wealth Services LLC increased its stake in shares of Autodesk by 1.1% in the first quarter. Kestra Private Wealth Services LLC now owns 8,906 shares of the software company’s stock worth $2,332,000 after acquiring an additional 101 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its holdings in shares of Autodesk by 4.0% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 16,589 shares of the software company’s stock worth $4,343,000 after acquiring an additional 635 shares in the last quarter. Lindbrook Capital LLC boosted its position in Autodesk by 33.6% during the first quarter. Lindbrook Capital LLC now owns 974 shares of the software company’s stock valued at $255,000 after purchasing an additional 245 shares during the last quarter. Finally, Crestwood Advisors Group LLC acquired a new stake in Autodesk during the first quarter valued at $240,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Autodesk news, EVP Steven M. Blum sold 22,420 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $323.75, for a total transaction of $7,258,475.00. Following the completion of the sale, the executive vice president directly owned 13,099 shares in the company, valued at $4,240,801.25. This represents a 63.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ayanna Howard sold 917 shares of Autodesk stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $325.00, for a total value of $298,025.00. Following the completion of the transaction, the director owned 3,476 shares in the company, valued at $1,129,700. The trade was a 20.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 35,386 shares of company stock valued at $11,433,201 over the last three months. 0.15% of the stock is currently owned by insiders.

Autodesk Trading Up 0.1%

Shares of ADSK stock opened at $292.23 on Wednesday. Autodesk, Inc. has a 12 month low of $232.67 and a 12 month high of $329.09. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91. The business’s 50 day moving average is $310.45 and its two-hundred day moving average is $302.62. The company has a market cap of $62.24 billion, a PE ratio of 60.50, a price-to-earnings-growth ratio of 2.63 and a beta of 1.51.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Thursday, August 28th. The software company reported $1.46 earnings per share for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.99). The firm had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.72 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.Autodesk’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.15 earnings per share. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. Equities analysts predict that Autodesk, Inc. will post 5.76 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ADSK. Barclays raised their price target on Autodesk from $355.00 to $385.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. DA Davidson restated a “buy” rating and issued a $375.00 price objective on shares of Autodesk in a report on Friday, August 29th. UBS Group lifted their target price on shares of Autodesk from $370.00 to $385.00 and gave the company a “buy” rating in a research note on Friday, August 29th. KeyCorp boosted their target price on shares of Autodesk from $350.00 to $365.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. Finally, Mizuho raised their price target on shares of Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $358.30.

Autodesk Company Profile

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.